DOJ Expands Whistleblower Program to Tackle Customs Fraud
The U.S. Department of Justice has expanded its pilot program for corporate whistleblower rewards to include customs fraud and tax evasion. Rewards can reach up to 30% of the forfeited amount. This aims to combat tax evasion tactics like misrepresenting the origin or misclassifying goods, maintaining a fair trade environment. Insiders and competitors with relevant information are encouraged to report, but should be aware of the risks and seek professional assistance. Companies should strengthen compliance operations to avoid legal pitfalls.
